5304 Spring Branch Drive
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 14, 2026 | Listed by Bellaire Fine Properties | $370,000 | |
| Listed by Bellaire Fine Properties | |||
| Oct 10, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 20, 2026 | In contract | - | |
| In contract | |||
| Aug 19, 2026 | Price Decreased |
$250,000
↓ $15K
(5.7%) | |
| Price Decreased | |||
| Jul 28, 2026 | Listed by eXp Realty, LLC | $265,000 | |
| Listed by eXp Realty, LLC | |||
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This 2 story home sits on a newly repaired foundation that comes with a transferable warranty, offering added value and peace of mind for the next owner. The property also features a new hot water heater, reducing the need for immediate replacement of a major system.
While the home has solid improvements already in place, it does require some repairs and updating, making it an excellent opportunity for buyers looking to build equity or customize a home to their own style, With its spacious 2- story layout and key structural upgrades already completed, this property has great potential for any future homeowner.
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Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017